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APRA

Australian Prudential Regulation Authority

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ANZ CEO Argues Current Scandal is Unrelated to Past Problems

by Starling Insights

Observations

May 15, 2025

While presenting ANZ's latest financial results, outgoing CEO Shayne Elliott maintained that the current Australian Securities & Investments Commission (ASIC) investigation into alleged market misconduct at the bank is unrelated to past scandals, as reported by The Australian.

The 2024 Compendium is available June 11th!

Now in its 7th year, Starling's Compendium features over 40 contributors from across the industry as well as detailed analysis of the latest trends in culture & conduct risk supervision.

APRA Repeatedly Warned ANZ over Culture Shortcomings

by Starling Insights

Observations

Sep 09, 2024

According to an exclusive report by the Australian Financial Review's Jonathan Shapiro and Lucas Baird, the Australian Prudential Regulation Authority (APRA) had repeatedly warned ANZ about deficiencies in its culture and risk management in the lead-up to its recent action against the bank.